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How would you define innovation? Well, in business this term often refers to a company’s ability to stay ahead of its competitors by coming up with new, unique, and often times revolutionary products and/or services. Today, we would like to present you with a list we have compiled of the top most innovative companies in the world, based on the latest report released by Forbes Magazine.

Only companies with a capital over $10 billion and financial data spreading for over 7 years were taken into account for the purposes of this countdown. Following, the companies were ranked according to an indicator named the Innovation Premium, which takes into account income, anticipated value, and current net value.

Below you can find the top 25 most innovative companies in the world, ranked according to Forbes’ statistics. Let’s take a look at the countdown.